Turkey has witnessed a slowdown in economic growth since 2011, as private investment and productivity stagnated. This was in marked contrast to the previous decade, when total factor productivity growth made a considerable contribution to GDP growth. ... See More +Turkey has witnessed a slowdown in economic growth since 2011, as private investment and productivity stagnated. This was in marked contrast to the previous decade, when total factor productivity growth made a considerable contribution to GDP growth. Therefore, productivity dynamics deserve attention from researchers and policy makers searching for reasons for the growth slow-down and ways to reverse it. This focus note uses evidence from firm-level data from the manufacturing sector to investigate productivity dynamics in 2013-14.
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